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Filing Details

Accession Number:: 0001506293-21-000072
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-03-31 19:40:31
Reporting Period:: 2021-03-29

Accepted Time:: 2021-03-31 19:40:31
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1506293	Pinterest Inc.	PINS	Services-Computer Programming, Data Processing, Etc. (7370)	263607129

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1773865	Christine Flores	C/O Pinterest, Inc. 505 Brannan Street San Francisco CA 94107	General Counsel	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2021-03-29	26,669	$0.00	321,541	No	4	C	Direct
Class A Common Stock	Disposition	2021-03-29	4,356	$67.85	317,185	No	4	S	Direct
Class A Common Stock	Disposition	2021-03-29	15,029	$68.44	302,156	No	4	S	Direct
Class A Common Stock	Disposition	2021-03-29	7,284	$69.36	294,872	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	C	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Class B common stock	Disposition	2021-03-29	26,669	$0.00	26,669	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
444,789			No	4	C	Direct

Footnotes

Each share of Class B common stock, par value $0.00001 (Class B Common Stock) is convertible at any time at the option of the holder into one share of the Company's Class A common stock, par value $0.00001 (Class A Common Stock). Additionally, each share of Class B Common Stock will, subject to certain exceptions, convert automatically into one share of Class A Common Stock upon any transfer.
Represents the conversion of 26,669 shares of Class B Common Stock into 26,669 shares of Class A Common Stock pursuant to a conversion election made by the Reporting Person to convert shares in connection with the sales to be effected pursuant to a Rule 10b5-1 trading plan.
These securities consist of 26,669 shares of Class A Common Stock and an additional 294,872 previously reported shares of Class A Common Stock, subject to certain restrictions, which were granted to the Reporting Person as Restricted Stock Awards (RSAs).
The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $67.6200 to $67.9800 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
These securities consist of 22,313 shares of Class A Common Stock and an additional 294,872 previously reported RSAs.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $68.0100 to $68.9900 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
These securities consist of 7,284 shares of Class A Common Stock and an additional 294,872 previously reported RSAs.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $69.0300 to $69.7400 per share. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
These securities consist of 294,872 previously reported RSAs.
These securities consists of 444,789 previously reported Restricted Stock Units (RSUs). Each RSU represents the Reporting Person's right to receive one share of Class B Common Stock, subject to vesting.